Join Norton Rose Fulbright’s European regulatory and compliance team in discussing the Digital Operational Resilience Act on Thursday, April 25, 2024, at 9:00 am - 10:00 am E.T. The new piece of European legislation (due to become effective on 17 January 2025) sets out comprehensive requirements for European financial entities regarding management of information and communication technology third-party risks, as well as introducing an Oversight Framework for critical third-party providers of ICT services.

The Criminal Division of the Department of Justice launched a pilot program on voluntary self-disclosure for individuals. The Pilot Program offers non-prosecution agreements to individuals who voluntarily disclose certain types of corporate criminal conduct.

FIA urged the SEC and the Fixed Income Clearing Corporation to consider the challenges that the FICC proposals on U.S. Treasury clearance and settlement present to futures commission merchants and other market participants.

In its April 2024 Financial Stability Report, the Federal Reserve Board assessed economic vulnerabilities and identified a number of potential "near-term shocks" to the stability of the financial system.

A Thai-based trading company settled OFAC sanctions violations for concealing, from U.S. financial institutions, the sale of products made in Iran.